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Published on 8/13/2008 in the Prospect News High Yield Daily.

American Rock Salt buys back $11.6 million 9½% notes due 2014

By Susanna Moon

Chicago, Aug. 13 - American Rock Salt Co. LLC repurchased $11.6 million of its 9½% senior secured notes due 2014 during the quarter ended June 30, according to 10-Q filed Wednesday with the Securities and Exchange Commission.

Repurchases in the nine months to June 30 now total $30.5 million. The company bought back $18.9 million during the first six months.

American Rock Salt is a Retsof, N.Y.-based producer of highway deicing rock salt.


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